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Trading JSE Ltd: Multi-Year Base + Finding Momentum

Writer's picture: Lester DavidsLester Davids

Trade JSE Ltd with Unum Capital

To get started, email lester@unum.co.za



  • Technical Drivers: (1) Above the 200-day EMA (2) nearing the top of it's 5 1/2-year range (3) multi-year base.

  • Fundamental driver: (1) improved business confidence (2) increased trading activity

  • Medium to long term targets: 13600c, 15000c

  • Structure invalidated on a weekly close below 10800c


Lester Davids

Analyst: Unum Capital

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